Other participants in the funding round included Samsung Next, Quantstamp, ParaFi, Balaji Srinivasan (former CTO at Coinbase and Andreessen Horowitz general partner), venture investor Lluis Pedragosa, and Nimrod Lehavi (co-founder of on/off-ramp Simplex), among others. Source link
The Central American country wishes to open a bitcoin embassy in “new ally” Texas, Mayorga said on Twitter, to aid “expansion of commercial and economic exchange projects.” Original
Only 4% of the companies in Spain have managed to apply the metaverse to their operations, according to a survey conducted by ISDI, a national business school. 40% of the business managers surveyed have admitted that it is difficult for them to bring parts of their business to the metaverse in a significant way. Metaverse Growing Slowly in Spain While surveys and estimations by banks and companies have predicted the metaverse will become a big business in this decade, some companies are experiencing problems in bringing their vision to the…
The world’s biggest cryptocurrency, Bitcoin (BTC), is connecting more countries as the government of El Salvador is opening a “Bitcoin Embassy” in the United States. El Salvador, a country that adopted Bitcoin as legal tender in 2021, is expanding its Bitcoin strategy with a new partnership with the government of Texas. The intergovernmental collaboration aims to set up a Bitcoin Embassy, or El Salvador’s representative office, in Texas in order to work on new joint projects to promote Bitcoin adoption. Milena Mayorga, ambassador of El Salvador to the United States,…
Conflux Network to Build Blockchain-Based SIM Cards in Partnership With China Telecom Source
On Feb. 13, Binance’s native token, BNB, recorded its worst daily performance since November 2022, falling 8.5% to below $285. BNB price has since recovered to over $298, but its possibility of facing another selloff remains high. Let’s take a look at a few reasons why. BNB price rising wedge breakdown The ongoing decline in BNB’s price came as a part of a broader rising wedge breakdown. Notably, on Feb. 9, BNB broke out of its rising wedge pattern, a bearish reversal setup that forms as the price trends upward inside…
Starting in late 2021, mining firms took out big loans to build out mining capacity. This hypercharged the development of new mining sites, and the hashrate quickly climbed. However, the economics of mining also deteriorated significantly due to the increased competition and, later, the bear market – sending some of the industry’s biggest companies to bankruptcy court. Original Source BitcoinBreathingClimbsEHsHashrateindustryMarkMiningRoom CryptoX Portal
press release PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity to the NFT marketplace. What is NFEX? NFEX is a decentralized derivatives exchange that offers perpetual swaps trading across popular blue chip NFTs and other crypto assets. NFEX expands limitations and boosts liquidity compared to traditional NFT marketplaces, offering leverages and long/short trading capabilities. Users…
Arbitrum does not have a token, meaning it relied on the organic growth of its decentralized finance ecosystem to attract users to its platform. It is possible, though, that Arbitrum’s usage numbers have been inflated somewhat by bots designed to farm the platform’s yet-to-be-announced token. (When crypto protocols announce tokens, they frequently “airdrop” some of them as a reward to existing users.) Source
Hive has applied the British Columbia Securities Commission for a management cease trade order, which restricts its CEO and CFO from trading shares until the filing has been completed. Original